Download App

P1 C7 Cash Book And Its Types — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C7 Cash Book And Its Types1 Mark
MCQ
When bank credits interest in our account then $………$
  • A
    bank balance decreases
  • ✓
    bank balance increases
  • C
    cash balance decreases
  • D
    cash balance increases
✓

Answer

Correct option: B.
bank balance increases

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ .(1 Marks)" from P1 C7 Cash Book And Its Types→P1 C7 Cash Book And Its Types — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Machinery is which type of assets and which balance it has?
→
Bank balance as per pass book means ______________ .
→
What is easy after the trial balance is tallied?
→
Pass book is prepared by _______________ .
→
Which accounting software available in the market is more popular?
→
Which one is intangible asset from the following ?
→
How many minimum effects are given under double entry system for each transaction?
→
The accounting treatment of depreciation is not recorded in$............$
→
From the following, which transaction is not recorded in Journal Proper ?
→
Which voucher will be prepared by traders at the time of sales goods returned?
→